LSE SPAC-I Limited announces appointment of four directors to target company NGLE

Material Disclosure

LSE SPAC-I Limited disclosed that, pursuant to its Prospectus and a Management and Governance Arrangement Agreement dated February 12, 2026, it has appointed four directors out of seven on the board of its target company, Ningbo Green Light Energy Limited (NGLE). The company asked the exchange to disseminate the information to market participants.

Key Findings

LSE SPAC-I Limited says it appointed four directors to the target company’s seven-member board.
The target company is Ningbo Green Light Energy Limited (NGLE).
The appointment was made under the Management and Governance Arrangement Agreement dated February 12, 2026.
The disclosure is framed as material information for the market rather than a financial result or corporate action.

Disclosure Details

Entities Involved

LSE SPAC-I Limited, Ningbo Green Light Energy Limited (NGLE)

Approvals Required

Disclosure

Impact

LSE SPAC-I Limited has gained board-level representation at the target company by appointing four of seven directors.

Risks

Board control and governance of the target company are now materially influenced by the sponsor/SPAC side., The arrangement may affect strategic decisions and execution at NGLE.

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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.

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LSE SPAC-I Limited announces appointment of four directors to target company NGLE

Key Findings

Disclosure Details

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